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1522, 1524, 1526, 1544 3RD Avenue Image 1

$765,000

Nov 4, 2024Investment For Sale
bedrooms9bed
washrooms0bath
MLS - #X11887316

1522, 1524, 1526, 1544 3RD Avenue, Owen Sound, ON N4K 2L9

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Average Price
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Price Comparison

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Property Description

Property type

Investment

Lot size

< .50 acres

Style

Approx. Area

N/A

About 1522, 1524, 1526, 1544 3RD Avenue

Introducing an exceptional turn-key investment opportunity in the heart of vibrant Owen Sound. This package includes two side-by-side income producing properties: a legal triplex and a solid brick single-family house with detached shop. Offering altogether more than 4,300 square feet of rentable space, each unit comes with its own separate entrance, hydro meter, and basement. The triplex features three 2 bedroom, 1 bathroom units, while the single-family house offers 3 bedrooms, 2 bathrooms, and a detached shop with separate hydro meter poised for a potential duplex conversion with a little elbow grease. These buildings are economical to operate, and the rents are well stabilized. Generating an impressive income, this is an attractive investment opportunity in a thriving market. Situated in the heart of Owen Sound, a growing and vibrant community, and perfectly positioned to meet the strong demand for rental apartments. Offering an excellent cap rate and with room for even more value-added opportunity, this two-property package presents a great addition to your portfolio.

Home Overview

Last updated

Apr 3

Virtual tour

None

Basement information

Building size

4310

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Listed by KELLER WILLIAMS REALTY CENTRES, BROKERAGE (HANOVER)

Additional Details

Basement:N/A
Cooling:Other
Heating:Forced Air
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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